Analyst Commentary

Competitive pressures continue to weigh on service revenue, but Sprint benefits from its leased device strategy

The challenge Sprint (NYSE: S) faces competing in an unlimited data world was highlighted in 2Q17 as the company was the only Tier 1 carrier to report weaker year-over-year postpaid phone churn in the quarter. Though Sprint reported modest phone net additions (+88,000) in 2Q17, it came at the expense of wireless service revenue declining 6.2% year-to-year as the company remains committed to undercutting co...